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Updated February 19, 2024
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February 23rd, 2012, 09:57 AM
London
Experience: Intermediate
Platform: ninjatrader, multicharts, MT4
Broker: IB, PFG Best
Trading: 6E, EMD, TF
Posts: 265 since Jul 2009
Thanks Given: 111
Thanks Received: 158
cory
attn volume fans, Mark Leibovit just makes available Mark Leibovit's Volume Reversal Toolkit more detail
Have you used it and what is your opinion.
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
March 7th, 2012, 07:47 PM
toronto, ontario/canada
Experience: Beginner
Platform: ninjatrader, mt4
Trading: TF, Currencies, ZS
Posts: 133 since Oct 2011
yiman
Have you used it and what is your opinion.
It's only available for Metastock I believe. Would be nice to get something similar for Ninja.
March 7th, 2012, 08:26 PM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090
flipper26
It's only available for Metastock I believe. Would be nice to get something similar for Ninja.
he only licensed it for metastock.
March 8th, 2012, 12:46 PM
Atkinson, NH USA
Market Wizard
Experience: Intermediate
Platform: NinjaTrader 8/TensorFlow
Broker: NinjaTrader Brokerage
Trading: Futures, CL, ES, ZB
Posts: 1,970 since Dec 2010
Thanks Given: 3,037
Thanks Received: 2,395
cory
Hi @cory ,
Great indicator! I am curious about one line in your code:
avgVolume = EMA(EMA(Volume, volumeEmaAve),1)[0] ;
It seems like with a period of 1 for the 2nd EMA this might be equivalent to:
avgVolume = EMA(Volume, volumeEmaAve)[0] ;
Is this the case or is there another purpose for this technique?
Thanks,
March 8th, 2012, 01:14 PM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090
NJAMC
Hi @
cory ,
Great indicator! I am curious about one line in your code:
avgVolume = EMA(EMA(Volume, volumeEmaAve),1)[0] ;
It seems like with a period of 1 for the 2nd EMA this might be equivalent to:
avgVolume = EMA(Volume, volumeEmaAve)[0] ;
Is this the case or is there another purpose for this technique?
Thanks,
this vol MAc and hvc and alert were coded by others so I have no idea.
March 20th, 2012, 10:19 AM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090
I though this is relevant to volume discussion, email from tradershelpdesk,
Quoting
For years I have tried to understand all the different concepts on volume and, for years, those concepts have evaded me. Low volume, high volume, hidden buying, hidden selling, springs, upthrusts, and the lists just goes on and on. Finally, I just took volume off my chart as I did not feel that it was giving me an "edge".
I would go back and read Wyckoff, only to begin anew and, again, give up. Finally, it hit me -- I am probably overcomplicating the concepts. So, again, I revisited the ever elusive volume analysis but this time I threw out everything I knew so I study it with fresh eyes. And, this time, I saw it. In fact, it is so simple, I was left wondering why I could not see it the first time.
First, you have to determine if you are in an uptrend or downtrend. This means on the live edge of the market, are you making higher highs and higher lows or lower lows and lower highs or neither? If the answer is neither, then it is simply noise, nothing more (experts call this congestion or consolidation depending on who you talk to)...
Attached Files
Elite Membership required to download: tradershelpdesk.doc
April 6th, 2012, 03:45 PM
Bristol, United Kingdom
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
Posts: 18 since Mar 2012
Thanks Given: 2
Thanks Received: 13
Hi Cory, must say what a great indicator, full marks to you and much appreciated. The best free indicator ive ever seen.
Many thanks
Paul
July 24th, 2012, 09:34 AM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090
per request; this version processes current day only
Attached Files
Elite Membership required to download: VolumeStopV7.cs
August 27th, 2012, 07:35 AM
Stanstead, Quebec, Canada
Experience: Intermediate
Platform: NinjaTrader
Trading: CL
Posts: 122 since Dec 2010
Thanks Given: 71
Thanks Received: 64
cory
it is
price action + volume indicator thus any tf, any bar type is ok, there is no 'best' signal since some like more signal some like less signal just keep in mind bigger tf = less signal.
Hi Cory,
I use VolumeStopV7 on the ES 60 Min candles with IB data feed. Are there any parameters of settings you would suggest changing to optimize the signals? For example, I use it on a Globex chart and the volume is reduced during the ON session, should I reduce the look back period?
TIA,
RF
August 27th, 2012, 11:49 AM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090
Royal Flush
Hi Cory,
I use VolumeStopV7 on the ES 60 Min candles with IB data feed. Are there any parameters of settings you would suggest changing to optimize the signals? For example, I use it on a Globex chart and the volume is reduced during the ON session, should I reduce the look back period?
TIA,
RF
I use 3 price bars and 3 volume bars fix thus there is no parm to optimize.
Last Updated on February 18, 2024